A $1 Million “Buffett Bet 2.0” on Cryptocurrencies

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It’s safe to say 2018 wasn’t the best year for cryptocurrencies. However, some firms aren’t willing to throw in the towel.  In fact, Morgan Creek Digital just announced a “Buffett Bet 2.0,” or a $1 million wager that its cryptocurrency index will outperform the S&P 500 over the next 10 years. That’s quite a bet … Continue reading “A $1 Million “Buffett Bet 2.0” on Cryptocurrencies”

Bitex Exchange Opens in United Arab Emirates (UAE)

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The Asian crypto exchange Bitex has just launched services in the United Arab Emirates (UAE).  Bitex itself just launched earlier this year with a vision of improving some of the limits they see in other exchanges. Its main goal is to offer a more local, bank-like service. Currently, Bitex serves 8 countries in Asia, including … Continue reading “Bitex Exchange Opens in United Arab Emirates (UAE)”

Investor John McAfee Attempts to Calm Nervous Investors

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In a move to calm down nervous cryptoasset investors, Bitcoin enthusiast John McAfee released some words of encouragement via Twitter. For ardent followers of the cryptocurrency market, more often than not, McAfee has some unrealistic expectations. Well, the 73-year-old tech veteran took to his Twitter handle on Tuesday to share some advice with his followers. … Continue reading “Investor John McAfee Attempts to Calm Nervous Investors”

New Study Suggests Why Cryptocurrencies are Crashing

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With the latest cryptocurrency price crash, Bitcoin (BTC), the most preeminent cryptocurrency, could potentially go below $4,000 USD. Sadly, there is no end whatsoever in sight. As expected, scores of cryptocurrency analysts are suggesting various reasons for the crashing of the cryptos. Indeed, the most popular narratives that these analysts are peddling are the hash … Continue reading “New Study Suggests Why Cryptocurrencies are Crashing”

KPMG Insists Cryptocurrency Industry Needs Institutional Investors

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On November 15th, KPMG, a Netherlands-based auditing firm, released a report that details its assessment of cryptocurrency. The fascinating thing about the report was that it is bullish on the future of digital currency. However, the most striking part of the report is its conclusion.  It posited that institutional investors must inject their funds into … Continue reading “KPMG Insists Cryptocurrency Industry Needs Institutional Investors”

The Top 5 Cryptocurrencies of 2018

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As 2018 winds down, opinions on a possible market rally vary. Regardless of which side of the divide you are on, you must agree that rounding up the Top 5 cryptocurrencies of 2018 is indeed a difficult task. No doubt, most of these cryptos have performed terribly in the year under review. However, there are … Continue reading “The Top 5 Cryptocurrencies of 2018”

What is Hard Fork in Cryptocurrency?

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If you have been an ardent reader of cryptocurrency news lately, you would have come across the term HARD FORK. Indeed, a hard fork is one of those things that happens to cryptocurrency projects every now and then. Therefore, the aim of this article is to explain everything you need to know about this occurrence. … Continue reading “What is Hard Fork in Cryptocurrency?”

Bitcoin Cash (BCH) Up 20% In the Last 24 Hours

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Both Binance and Coinbase announced that they’ll support the upcoming Bitcoin Cash (BCH) fork. Consequently, th coin’s value continued to rise.  Since last Monday, it climbed from $424 to $546, peaking at $584. Similarly, the trade volume increased dramatically, from around $300,000 to $1.4 million. Currently, Bitcoin Cash (BCH) is the fourth most valuable coin … Continue reading “Bitcoin Cash (BCH) Up 20% In the Last 24 Hours”

Binance and Coinbase Support Bitcoin Cash (BCH) Fork

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While it’s been a fairly calm week for the crypto market, Bitcoin Cash (BCH) experienced quite a surge.  On Friday, Binance announced that it is supporting the upcoming fork, and Coinbase followed suit on Saturday.  This provided many traders with some peace of mind. Following the news, the price of Bitcoin Cash (BCH) rose from … Continue reading “Binance and Coinbase Support Bitcoin Cash (BCH) Fork”

Top Cryptocurrency Gainers — November 04, 2018

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One of the top performing cryptocurrencies of the day is Bitcoin Cash. Bitcoin Cash (BCH) is currently up 13.38% compared to USD over the last 24 hours, ending at 07:00 AM Eastern Standard Time on November 04, 2018. BCH has a current market cap of $9,339,646,731. Bitcoin Cash traded with a volume of$950,371,137. One Bitcoin … Continue reading “Top Cryptocurrency Gainers — November 04, 2018”